Sysco (NYSE:SYY) Shares Break Below Two Hundred Day Moving Average – Here’s What Happened

Posted by Brenda Bartman on Nov 4th, 2026

Sysco Corporation (NYSE:SYY – Get Free Report) shares passed below its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of $80.52 and traded as low as $73.72. Sysco shares last traded at $74.1170, with a volume of 9,408,227 shares changing hands.

Key Headlines Impacting Sysco

Here are the key news stories impacting Sysco this week:

Positive Sentiment: Local case volume grew 2.7% in the first quarter, and Sysco reiterated its fiscal 2027 adjusted EPS growth outlook of 9%–11%. The company also expects its AI transformation efforts to generate $100 million in savings in fiscal 2027. Sysco: 3 Key Takeaways for Long-Term Investors
Neutral Sentiment: Sysco reported adjusted first-quarter EPS of $1.19, in line with the company’s cited consensus estimate and ahead of the $1.17 estimate reported by Zacks. It also named interim CFO Brandon Sewell as permanent CFO, providing continuity in the finance leadership role. Sysco Q1 Earnings: Sales Miss Estimates, Full-Year EPS Outlook Unchanged
Negative Sentiment: Revenue of $21.74 billion was below the $22.02 billion analyst estimate, despite increasing 2.8% year over year. The company said a cyclosporiasis outbreak affected first-quarter sales, while costs related to the Jetro acquisition and concerns around sales guidance added pressure. The revenue miss appears to have outweighed the EPS result and reaffirmed full-year earnings outlook. Food distributor Sysco says cyclosporiasis outbreak hit Q1 sales Sysco under pressure on Jetro acquisition costs, FY sales guidance

Analysts Set New Price Targets

Several research analysts have weighed in on the stock. JPMorgan Chase & Co. lowered their target price on shares of Sysco from $100.00 to $95.00 and set an “overweight” rating for the company in a research note on Tuesday, September 29th. Piper Sandler boosted their price target on shares of Sysco from $77.00 to $84.00 and gave the company a “neutral” rating in a research note on Wednesday, August 5th. UBS Group upped their price objective on shares of Sysco from $90.00 to $95.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Weiss Ratings raised shares of Sysco from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday, October 15th. Finally, Melius Research cut shares of Sysco from a “hold” rating to a “sell” rating in a research report on Tuesday, July 7th. Nine research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $90.42.

Check Out Our Latest Research Report on Sysco

Sysco Stock Down 9.3%

The business has a fifty day moving average of $80.30 and a 200 day moving average of $80.52. The company has a market capitalization of $36.46 billion, a PE ratio of 20.25, a PEG ratio of 2.30 and a beta of 0.66. The company has a current ratio of 1.28, a quick ratio of 0.77 and a debt-to-equity ratio of 4.62.

Sysco (NYSE:SYY – Get Free Report) last released its earnings results on Tuesday, November 3rd. The company reported $1.19 earnings per share for the quarter, meeting the consensus estimate of $1.19. The company had revenue of $21.74 billion during the quarter, compared to the consensus estimate of $22.02 billion. Sysco had a return on equity of 95.05% and a net margin of 2.08%. Sysco’s revenue was up 2.8% compared to the same quarter last year. During the same period in the previous year, the company posted $1.15 EPS. Equities research analysts anticipate that Sysco Corporation will post 5.09 EPS for the current year.

Sysco Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 23rd. Stockholders of record on Friday, October 2nd were paid a $0.55 dividend. The ex-dividend date of this dividend was Friday, October 2nd. This represents a $2.20 annualized dividend and a dividend yield of 3.0%. Sysco’s dividend payout ratio (DPR) is presently 60.11%.

Insider Buying and Selling at Sysco

In related news, EVP Ronald Phillips sold 7,350 shares of Sysco stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $83.61, for a total value of $614,533.50. Following the completion of the transaction, the executive vice president owned 38,650 shares in the company, valued at approximately $3,231,526.50. The trade was a 15.98% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 15,525 shares of company stock valued at $1,299,736 in the last ninety days. Insiders own 0.55% of the company’s stock.

Institutional Investors Weigh In On Sysco

Hedge funds have recently added to or reduced their stakes in the business. Sunbelt Securities Inc. raised its stake in shares of Sysco by 87.6% in the first quarter. Sunbelt Securities Inc. now owns 364 shares of the company’s stock valued at $26,000 after acquiring an additional 170 shares in the last quarter. Salomon & Ludwin LLC boosted its holdings in Sysco by 718.6% in the third quarter. Salomon & Ludwin LLC now owns 352 shares of the company’s stock valued at $27,000 after purchasing an additional 309 shares during the period. N.E.W. Advisory Services LLC acquired a new position in Sysco during the 2nd quarter worth $29,000. Markowski Investments acquired a new position in Sysco during the 2nd quarter worth $31,000. Finally, Parvin Asset Management LLC purchased a new stake in Sysco during the 2nd quarter worth about $32,000. 83.41% of the stock is currently owned by institutional investors and hedge funds.

Sysco Company Profile

(Get Free Report)

Sysco Corporation is a global foodservice distribution company headquartered in Houston, Texas. It supplies food and related products to restaurants, healthcare and educational institutions, hotels, government facilities, and other foodservice operators.

The company distributes a broad range of products, including fresh and frozen foods, meat and seafood, produce, dairy products, canned and packaged goods, beverages, and specialty food items. Sysco also provides nonfood products such as kitchen and dining supplies, equipment, and cleaning products, along with services intended to help customers manage menus, procurement, and operations.

Founded in 1969, Sysco serves customers primarily across the United States and Canada, as well as in parts of Europe and other international markets.